{"id":463985,"date":"2022-01-27T09:02:49","date_gmt":"2022-01-27T03:32:49","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=463985"},"modified":"2022-01-27T09:39:18","modified_gmt":"2022-01-27T04:09:18","slug":"oil-prices-rebound-as-growing-geopolitical-tensions-fuel-supply-fears","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-prices-rebound-as-growing-geopolitical-tensions-fuel-supply-fears\/","title":{"rendered":"Oil prices rebound as growing geopolitical tensions fuel supply fears"},"content":{"rendered":"<p>Oil prices bounced back on Tuesday, recovering some of the previous day&#8217;s losses, as growing tension in Eastern Europe and the Middle East fuelled concerns over possible supply disruptions.<\/p>\n<p>Brent crude futures rose 61 cents, or 0.7%, to $86.88 a barrel at 0722 GMT after touching a session high of $87.27 a barrel earlier, reversing a 1.8% fall in the previous session. <\/p>\n<p>U.S. West Texas Intermediate (WTI) crude futures climbed 44 cents, or 0.5%, to $83.75 a barrel, having slid 2.2% on Monday.<\/p>\n<p>Oil prices reached seven-year highs last week, bolstered by tight worldwide supply and resurgent global demand.<\/p>\n<p>&#8220;The market tone stays strong, supported by heightening geopolitical risk,&#8221; said Chiyoki Chen, chief analyst at Sunward Trading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices bounced back on Tuesday, recovering some of the previous day&#8217;s losses, as growing tension in Eastern Europe and the Middle East fuelled concerns over possible supply disruptions. Brent crude futures rose 61 cents, or 0.7%, to $86.88 a barrel at 0722 GMT after touching a session high of $87.27 a barrel earlier, reversing a 1.8% fall in the previous session. U.S. West Texas Intermediate (WTI) crude futures climbed 44 cents, or 0.5%, to $83.75 a barrel, having slid 2.2% on Monday. Oil prices reached seven-year highs last week, bolstered by tight worldwide supply and resurgent global demand. &#8220;The [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-463985","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/463985","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=463985"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/463985\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=463985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=463985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=463985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}